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Kenya - Asbestos - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Asbestos Market 2022

Asbestos Market Size in Kenya

For the sixth year in a row, the Kenyan asbestos market recorded decline in sales value, which decreased by -X% to $X in 2020. Over the period under review, consumption showed a abrupt slump. The most prominent rate of growth was recorded in 2011 when the market value increased by X% year-to-year. Asbestos consumption peaked at $X in 2008; however, from 2009 to 2020, consumption remained at a lower figure.

Asbestos Production in Kenya

In value terms, asbestos production stood at $X in 2020 estimated in export prices. Over the period under review, production showed a slight setback. The pace of growth was the most pronounced in 2012 when the production volume increased by X% year-to-year. Over the period under review, production reached the maximum level at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Asbestos Exports

Exports from Kenya

In 2020, the amount of asbestos exported from Kenya rose notably to X tons, picking up by X% against 2019. Overall, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Exports peaked in 2020 and are likely to see steady growth in years to come.

In value terms, asbestos exports declined to $X in 2020. Over the period under review, exports saw a precipitous slump. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

Rwanda (X tons) was the main destination for asbestos exports from Kenya, with a X% share of total exports. Moreover, asbestos exports to Rwanda exceeded the volume sent to the second major destination, Uganda (X tons), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume to Rwanda totaled +X%.

In value terms, Rwanda ($X) remains the key foreign market for asbestos exports from Kenya, comprising X% of total exports. The second position in the ranking was occupied by Uganda ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Rwanda amounted to +X%.

Export Prices by Country

The average asbestos export price stood at $X per ton in 2020, which is down by -X% against the previous year. Overall, the export price showed a sharp shrinkage. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Rwanda ($X per ton), while the average price for exports to Uganda amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda.

Asbestos Imports

Imports into Kenya

In 2020, after eight years of decline, there was significant growth in supplies from abroad of asbestos, when their volume increased by X% to X tons. Over the period under review, imports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Imports peaked at X tons in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, asbestos imports skyrocketed to $X in 2020. Overall, imports, however, saw a abrupt curtailment. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2008; however, from 2009 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Canada (X tons) was the main asbestos supplier to Kenya, accounting for a X% share of total imports. It was followed by China (X kg), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from Canada stood at -X%.

In value terms, Canada ($X) constituted the largest supplier of asbestos to Kenya, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Canada totaled -X%.

Import Prices by Country

In 2020, the average asbestos import price amounted to $X per ton, standing approx. at the previous year. In general, the import price, however, recorded strong growth. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The import price peaked at $X per ton in 2019, and then shrank modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Canada ($X per ton), while the price for China totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for asbestos in the world?

The countries with the highest volumes of in 2021 were India, China and Russia, together comprising 56% of global consumption. Maldives, Indonesia, Uzbekistan, Iran, Sri Lanka, Thailand, Vietnam, Kazakhstan and Bangladesh lagged somewhat behind, together accounting for a further 34%.

What are the largest producers of asbestos in the world?

The country with the largest volume of asbestos production was Russia, comprising approx. 55% of total volume. Moreover, asbestos production in Russia exceeded the figures recorded by the second-largest producer, Kazakhstan, threefold. The third position in this ranking was occupied by Brazil, with an 11% share.

What are the leading suppliers of asbestos to Kenya?

In value terms, Canada $740) constituted the largest supplier of asbestos to Kenya, comprising 95% of total imports. The second position in the ranking was occupied by China $25), with a 3.2% share of total imports.

What are the leading importers of asbestos from Kenya?

In value terms, Rwanda $4) remains the key foreign market for asbestos exports from Kenya.

What is the average export price for asbestos in Kenya?

The average asbestos export price stood at $500 per ton in 2021, with a decrease of -20.8% against the previous year.

What is the average import price for asbestos in Kenya?

In 2021, the average asbestos import price amounted to $1,316 per ton, reducing by -4.7% against the previous year.

This report provides an in-depth analysis of the asbestos market in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

Country coverage:

Kenya

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kenya
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023